As of today (2024-04-27), Sinclair's share price is $12.12. Sinclair's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-42.92. Hence, Sinclair's Price to Tangible Book Ratio of today is .
The historical rank and industry rank for Sinclair's Price-to-Tangible-Book or its related term are showing as below:
SBGI's Price-to-Tangible-Book is not ranked *
in the Media - Diversified industry.
Industry Median: 1.91 * Ranked among companies with meaningful Price-to-Tangible-Book only.
A closely related ratio is called PB Ratio. As of today, Sinclair's share price is $12.12. Sinclair's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.49. Hence, Sinclair's P/B Ratio of today is 2.70.
Sinclair Price-to-Tangible-Book Historical Data
The historical data trend for Sinclair's Price-to-Tangible-Book can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Sinclair's Price-to-Tangible-Book
For the Entertainment subindustry, Sinclair's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sinclair's Price-to-Tangible-Book Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sinclair's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Sinclair's Price-to-Tangible-Book falls into.
Sinclair Price-to-Tangible-Book Calculation
Sinclair's price-to-tangible-book ratio for today is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.
Sinclair Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Sinclair's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.
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